Answer:
$3,100
Explanation:
Net Accounts Receivable = Received order from Douglas high school - Return from Paola middle school
Net Accounts Receivable = $3,500 - $400
Net Accounts Receivable = $3,100
So, the amount that will be recognized as net accounts receivable on the balance sheet as of November 30 is $3,100
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Answer:
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After the stakeholders agree on the project scope, ria finds out that her ceo wants more information in the research report. She asks you to include details on the market opportunities for new product ideas, technical constraints, and design considerations. How do you manage this additional scope? write 2-3 sentences.
To manage this additional scope after the stakeholders agree on the project scope, I would first communicate with Ria to clarify the specific details and requirements that the CEO is seeking. I would then assess the impact of these new requirements on the project timeline, budget, and resources, and work with Ria to develop a plan to incorporate them into the research report while minimizing any negative impact on the existing project scope.
What is project scope about?Project scope refers to the specific goals, deliverables, tasks, and boundaries of a project. It defines what will be included in the project and what will not be included.
The project scope outlines the objectives and requirements that need to be met in order to successfully complete the project. It also includes the timeline, budget, and resources needed to accomplish the project goals.
Therefore, the project scope is typically defined in a project scope statement, which serves as a key document to guide the project team and stakeholders throughout the project.
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Welcome to week four did you know there are there were different types of resumes read the following article about the main types of resumes and let me know what you think of them. I am interested to see which will draw you in.
The choice of resume format depends on your individual circumstances, industry norms, and the specific job you're applying for. It's essential to consider the expectations of potential employers and the impression you want to make.
Chronological Resume: This is the most traditional and widely used format. It lists your work experience in reverse chronological order, starting with the most recent job. It highlights your career progression and is suitable for those with a stable work history.
Functional Resume: This format focuses on your skills and qualifications rather than your work history. It highlights your relevant skills and achievements, making it suitable for individuals with employment gaps, career changes, or limited work experience.
Combination Resume: As the name suggests, this format combines elements of both the chronological and functional resumes. It emphasizes both your skills and work history, providing a comprehensive overview of your qualifications.
Targeted Resume: A targeted resume is tailored to a specific job or industry. It highlights the skills and experiences that are most relevant to the desired position, making it highly effective for showcasing your suitability for a particular role.
Creative/Infographic Resume: These types of resumes incorporate unique and visually appealing designs, graphics, and infographics. They are often used in creative fields where visual presentation is valued.
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laws and regulations creating fair stable market environment are examples of complementary social assets required optimize from IT investments
Laws and regulations help ensure that the market is fair for all participants and that the conditions for investments in IT are stable, which in turn allows for the best returns on investment in IT.
QUESTION 3 of 10: Mill rate is the tax rate that is applied to the assessed value of a real estate property by a municipality. Your tax is
calculated by multiplying the mill rate by the assessed value of a property and dividing by 1,000. If your town's mill rate is 8 and your
assessed home value is $188,000, how much will your town tax bill be?
Answer:
1,504
Explanation:
Trust me
The town's tax bill given the mill rate and the assessed value of a property is $1.504.00
What is the town tax bill?The mill's rate the amount of tax that would be paid per dollar of the assessed value of a property.
Town tax bill = (mill rate x assessed value) / 1000
(8 x 188,000) / 1000 = $1,504
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John's company acquired 5,000 new customers last year. They spent $20,000 in marketing costs and $15,000 in sales costs. What is John's customer acqu
cost (CAC)?
John's customer acquisition cost (CAC) is $7.
What is customer acquisition cost?Customer Acquisition Cost (CAC) measures the amount a business spends to acquire a new customer. Customer acquisition cost (CAC) — a key business metric — is the total cost of sales and marketing activities, real estate, or equipment required to persuade customers to purchase your product or service.Customer acquisition cost is the cost of acquiring a customer to purchase a product or service. As an important economic unit, customer acquisition costs are often related to customer lifetime value. Customer acquisition cost allows any company to estimate how much money it spends on acquiring each customer. Essentially, Customer acquisition cost is calculated by simply dividing all the costs spent to acquire more customers (marketing costs) by the number of customers acquired during the period in which the costs were spent. We can calculate For example, if a company spends his $100 on marketing in one year and in the same year he gets 100 customers, his Customer acquisition cost will be $1.00.To learn more about customer acquisition cost from the given link :
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Answer: $7
Explanation:
I just answered the question
Using the information learned in Unit 4, create a company, including the creation of a product or service.
Next, create the advertising for that product or service to reach a target market. Advertising can include a flyer, brochure, commercial, video, website, etc. Make sure you are advertising to a target market.
Finally, explain how you will use the elements of a marketing mix. Remember if you create a business that is an industry you need to use the 4P's (product, price, place, and promotion). If you choose to create a service business, you need to use the 7P's (product, price, place, promotion, people, process, and physical).
Under marketing concept, advertisement is a primary tactic that helps to cater large targeted customers merging with best marketing-mix criteria.
What is marketing mix?Marketing mix concept made up of four major elements of marketing that decides the potential growth of any product in long run as well as short run.
There are Four Ps in marketing mix of Goods Manufacturing or trading industry such as: Product, Price, Promotion, Place.
On the other hand there are seven P's under marketing mix of service intensive industry such as Product, Price, Promotion, Place, People, Physical evidence, Promotion.
Therefore under promotion marketing mix advertisement is way where one entity can attract & promote the features & quality of product or service to a large target customers with effective results.
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Where do employees on the travel and tourism industry come from?
Answer:
There are six major components of tourism, each with their own sub-components. These are: tourist boards, travel services, accommodation services, conferences and events, attractions and tourism services. Below, I will explain what each of the components offer to the tourism industry and provide some relevant examples.
Explanation:
There are six components of tourism, each with its sub-components are:
First Tourist boards,
Second Travel services,
Third Accommodation services,
Fourth Conferences, and
Fifth Events,
Sixth, Attractions and also tourism services.
What is the Travel and tourism industry?
The tourism industry also understood as the travel industry is related to the idea of people traveling to different locations, either domestically or internationally, for leisure, social or business purposes. It provides heritage, business, sports, tourism, cultural, and medical. The main objective of this sector is to develop and promote tourism, maintain the competitiveness of India as a tourist destination and improve and expand existing tourism products to ensure employment generation and economic growth. In this province, we provide details about various tourist destinations, modes of travel, accommodation, and also approved travel agents.
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What factors do you think differentiate good decision makers from poor ones?
Relate your answer to the six-step rational decision-making model.
Answer:
Effective decision-makers are distinguished from poor ones by several factors. Firstly, good decision-makers have the ability to gather and analyze information effectively. They can identify relevant information and take the necessary time to carefully evaluate and consider it before making a decision.
Another crucial factor is the capacity to think critically and objectively. Good decision-makers can analyze all sides of an issue, consider multiple perspectives, and detect biases or assumptions that may be influencing their thinking.
Using the six-step rational decision-making model is another skill of good decision-makers. They can identify the problem, gather information, identify alternatives, evaluate alternatives, choose the best alternative, and implement the decision. They move systematically through each step of the model, taking the necessary time to consider all options and weigh the potential outcomes before making a decision.
Lastly, good decision-makers can effectively communicate their decisions and the reasoning behind them to others. They can articulate their ideas clearly and persuasively and are open to feedback and are willing to consider different perspectives.
In conclusion, good decision-makers possess skills such as gathering and analyzing information, thinking critically and objectively, using a systematic decision-making model and communicating effectively with others. These abilities enable them to make well-informed and effective decisions that lead to positive outcomes.
Hope it helps! : )Schonhardt Corporation's relevant range of activity is 4,700 units to 10,500 units. When it produces and sells 7,600 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.50 Direct labor $ 4.00 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 2.50 Fixed selling expense $ 1.15 Fixed administrative expense $ 0.85 Sales commissions $ 0.95 Variable administrative expense $ 0.85 If 9,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to
If 9,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to $19,000
What is a fixed cost?A fixed cost is the portiion of production costs that does not vary within a relevant range. Since Schonhardt Corporation's relevant range of activity is 4,700 units to 10,500 units, when it produces 9,500 units, its fixed cost does not change in total from when it produces 7,600 units.
Data and Calculations:Relevant range of activity = 4,700 to 10,500 units
Average production and sales units = 7,600 units
Average costs per unit:
Direct materials $ 7.50
Direct labor $ 4.00
Variable manufacturing overhead $ 1.55
Fixed manufacturing overhead $ 2.50
Fixed selling expense $ 1.15
Fixed administrative expense $ 0.85
Sales commissions $ 0.95
Variable administrative expense $ 0.85
Fixed manufacturing overhead $ 2.50
Fixed selling expense $ 1.15
Fixed administrative expense $ 0.85
Total fixed costs per unit $4.50
Thus, if 9,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to $19,000 ($2.50 x 7,600).
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demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.
There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:
How to make the recommendationInterest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.
Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.
Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.
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According to author Daniel Pink, which statement reflects personal selling in the digital era?
Answer:
Technology that should have made salespeople
Explanation:
In To Sell Is Human, bestselling author Daniel Pink debunks the trope of the polyester-clad trickster as the face of sales in America. In fact, Pink found that most Americans now spend a good part of their job in “non-sales” sales, moving people by persuasion even if they aren’t trying to get them to buy a product. Pink explores how the increased accessibility due to the internet has made being a buyer better than ever and what salespeople need to do to be successful in a “caveat venditor” (seller aware) economy.
Using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C, determine the federal income tax withholding and calculate the net pay of the following employees. They are paid semimonthly.
C. Pare | Married, Filing Jointly, dependents < 12 = 2 | Pay $1,720
S. Lightfoot | Single, 1 Other dependents | Pay $3,265
The federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20. Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
For C. Pare
Determine the gross pay for one pay period
$1,720 / 2 = $860
Calculate the annual salary
$860 x 24 = $20,640
Calculate the taxable income
$20,640 - (12,800 + 2,000) = $5,840
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 12% tax bracket for married filing jointly.
$5,840 x 0.12 = $700.80
Calculate the net pay
Gross pay - Federal income tax = Net pay
$860 - $700.80 = $159.20
Therefore, the federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20.
For S. Lightfoot
Determine the gross pay for one pay period
$3,265 / 2 = $1,632.50
Calculate the annual salary
$1,632.50 x 24 = $39,180
Calculate the taxable income
$39,180 - (12,800 + 2,000 + 2,000) = $22,380
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 22% tax bracket for single filers.
($22,380 - $9,875) x 0.22 + $987.50 = $3,018.70
Calculate the net pay
Gross pay - Federal income tax = Net pay
$1,632.50 - $3,018.70 = -$1,386.20
Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
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Discuss the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns
Answer:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries while A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Comparative advantage is more important in determining trade patterns
Explanation:
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A has absolute advantage in the production of beans while country B has absolute advantage in the production of rice
at the end of june, which of the following statements is true when pool party planners performed services in june amounting to $7,500 for customers who paid the cash in may? a. income from operations was not changed by providing these services b. accounts receivable was credited for $8.300 c. unearned revenue was debited for $8.300 d. the cash account was debited for $8.300
b. Accounts receivable was credited for $7,500. when pool party planners performed services in june amounting to $7,500 for customers who paid the cash in may credit by $7500.
When the pool party planners performed services in June amounting to $7,500 for customers who paid cash in May, it means that the company has received payment for services that have not yet been provided. In this case, the company will record the payment as an increase in accounts receivable, which is a liability account that represents amounts that the company is entitled to receive but has not yet been paid. Income from operations is not changed by providing these services because the services have not yet been provided. Unearned revenue is debited for $8.300 is not correct, because unearned revenue is an account that represents amounts that have been received by a company for services or goods that have not yet been provided. In this case, the company has already provided the services, so unearned revenue would not be affected.
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Other things being equal, the demand for natural gas will tend to be elastic in the short run than in the long run.
Other things being equal, the demand for natural gas will tend to be less elastic in the short run than in the long run.
What is elasticity of demand?This is the term that is used to refer to the sensitivity of demand to the prices of other goods and services.
The elasticity of demand has to do with the sensitive demand of the product to the changes in other economic factors.
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List five potential conflicts that ANY employee of the company could face, be it sales
staff on the floor or management staff in the office, or even a warehouse worker that ships
products to the outlet store.
U ever get this solved? I need it too
Explanation:( NOT AN ANSWER)
Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Which of the following is NOT a benefit of investing in a mutual fund?
O diversification
O skilled investors
O affordability
O lower potential gains
Lower potential gains is not a benefit of investing in a mutual fund
What are mutual funds?
A mutual fund is a type of financial instrument that combines investor capital with a single investing goal. Depending on the goals of the scheme, it subsequently invests the funds in different asset classes including equities and bonds. In general, mutual funds are considered to be a secure investment and an excellent way enabling investors to invest with little risk. A mutual fund may not always be the best option for a market participant, particularly when it comes to costs.
Reasons for high costs
The Charges.market ambiguityThe Managers of Funds.The type of fund.Size of the Fund.Taxation Associated With Your Mutual FundFor a variety of reasons, such as large inflows or to retain exclusivity, mutual funds and hedge funds may decide to close to new participants. When a fund is winding down, funds may also close to new investors because of subpar performance.
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16. Hand antiseptics may only be used if they are?
fragrance free
readily available.
approved by the FDA.
for emergencies only.
Hand antiseptics may only be used if they are approved by the FDA.
AntisepticAn antiseptic is a substance that stops or slows down the growth of microorganisms. Antiseptic are mostly used in hospitals and other medical settings to reduce the risk of infection during surgery and other procedures.
The United States Food and Drug Administration (FDA or USFDA) is a federal agency responsible for protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products.
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1. Definition of economic costs
Darnell lives in Dallas and operates a small company selling scooters. On average, he receives $714,000 per year from selling scooters. Out of this revenue from sales, he must pay the manufacturer a wholesale cost of $414,000. He also pays several utility companies, as well as his employees wages totaling $267,000. He owns the building that houses his storefront; if he choose to rent it out, he would receive a yearly amount of $3,000 in rent. Assume there is no depreciation in the value of his property over the year. Further, if Darnell does not operate the scooter business, he can work as a nurse and earn a yearly salary of $21,000 with no additional monetary costs, and rent out his storefront at the $3,000 per year rate. There are no other costs faced by Darnell in running this scooter company.
Identify each of Darnell’s costs in the following table as either an implicit cost or an explicit cost of selling scooters.
Implicit Cost
Explicit Cost
The wages that Darnell pays
The salary Darnell could earn if he worked as a nurse
The wholesale cost for the scooters that Darnell pays the manufacturer
The rental income Darnell could receive if he chose to rent out his showroom
Complete the following table by determining Darnell’s accounting and economic profit of his scooter business.
Profit
(Dollars)
Accounting Profit
Economic Profit
Answer:
Explicit Cost
The wages that Darnell pays
The wholesale cost for the scooters that Darnell pays the manufacturer
Implicit Cost
The salary Darnell could earn if he worked as a nurse
The rental income Darnell could receive if he chose to rent out his showroom
Profit
(Dollars)
Accounting Profit: $714,000 - $414,000 - $267,000 = $33,000
Economic Profit: $714,000 - $414,000 - $267,000 - $21,000 - $3,000 = $10,000
Interventions strategies to prevent restrictions or barrier in small businesses townships
To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:
1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.
2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.
3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.
4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.
5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.
6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.
7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.
By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.
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what is 4 P's in entrepreneur
Answer:
passion, persistence, perseverance, and preparation
Explanation:
Complete the sentence about the most important parts of an email. Before sending an email, you must include the email addresses of one or more recipients in the address box and mention the topic of the mail in the box
Before sending an email, you must include the subject line of the email addresses of one or more recipients in the address box and mention the topic of the mail in the box.
Email, often known as electronic mail, is the process by which one user sends one or more recipients computer-stored communications through the internet. Emails are a convenient, quick, and affordable means of communication for both personal and professional purposes. If a user has an internet connection, which is normally provided by an internet service provider, they can send emails from any location.
Email can be sent and received between many computer networks, most notably the internet, but it can also be sent and received through both public and private networks, such as a local area network. Both lists of persons and single recipients can receive emails. Using an email reflector, one can control a common distribution list. In order to subscribe to some mailing lists, users must submit a request to the mailing list administrator.
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Last year, Valley Manufacturing reported sales of $800,000, net operating income of $40,000, and average operating assets of $400,000. The company is considering the purchase of equipment that will reduce expenses by $20,000. The equipment will increase average operating assets by $100,000 and be purchased by issuing a notes payable. Sales will remain unchanged. If Valley accepts the project, its return on investment (ROI) after the purchase is projected to
Answer:increase, 10%, 12%
Explanation:
design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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On march 1 mike joined christmas Club His bank automatically deduct a $210 from his cheaser account of the end of each month, and deposit it into his christmas Club account is when will earn 0.0525 animit interst The account comes to term on December 1. Total interest earned in account
Mike will have a total of $2100 in his Christmas Club as his bank deduct $210 a month from March till December. Hence he may get $110.25 in interest if the interest rate is 5.25% on December 1.
Describe the Christmas Club.An account specifically intended for holiday spending is a Christmas club account. It typically only lasts for a year or less. A savings account of this type, often known as a Christmas club or holiday club account, is one in which regular deposits are made by customers all year long. In order to pay for holiday shopping and other expenses, such as travel, the accrued savings are then withdrawn just before the holiday season.
Regular direct transfers from your paycheck may be permitted by the account in Christmas club, and those funds would be preserved and transferred to them in time for the holiday buying season. Based on the balance in the account, the yearly percentage yield will fluctuate between 0.05% and 5.00%.
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The complete question is:
On March 1 Mike joined Christmas Club His bank automatically deduct a $210 from his Chaser account of the end of each month, and deposit it into his Christmas Club account. What will he earn at 5.25% APR simple interest for the year, as the account comes to term on December 1.
How do lines 345-365 illustrate the Cyclops’ societal failure?
Distinguish non-payment of debt versus non-payment of tax in terms of consequences.
The key difference between refusal to pay taxes and the refusal to pay debts is that taxes are monies owed to the government while debts are monies owed to an individual or a business.
What are the Differences between Tax and Debt Payment?When a person refuses to pay tax, they are penalized and in some cases can have their physical assets and even monies seized. In extreme cases, the person may be sent to jail.
The consequences of non-payment of debts how usually do not to to the extent of being sent to jail.
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will managers be able to make informed decisions in a public company?
The managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
What is an informed decisions?In an organization, this refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, the managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
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